Jim Reid

McGraw-Hill Credit Rating Cut by Moody’s After U.S. Sues S&P

McGraw-Hill Cos., the owner of the world’s largest ratings company, was downgraded by its biggest rival after the U.S. government filed a lawsuit that seeks as much as $5 billion in damages.

Dollar Fell as Analysts Overestimated U.S., Deutsche Bank's Jim Reid Says

The dollar fell against the euro in the last month as negative data surprises out of the U.S. compared unfavorably with positive data surprises from the euro region, according to Deutsche Bank AG’s Jim Reid.

U.S. Stocks Fall Amid Talks on Fiscal Cliff, Greek Aid

U.S. stocks fell, following the Standard & Poor’s 500 Index’s biggest weekly gain since June, as lawmakers prepared to debate the so-called fiscal cliff and euro-area finance ministers discuss Greek aid.

Stocks Decline With Euro as U.S. Budget, Greek Aid Loom

Stocks fell, following the best weekly rally of 2012 for global equities, as U.S. leaders prepared to negotiate a budget deal and European finance chiefs meet on Greek aid. Treasuries rose for the first time in a week.

Greece Debt Restructuring May Trigger `Lehman Event,' Deutsche Bank Says

Financial markets face the risk of a seizure similar to when Lehman Brothers Holdings Inc. went bankrupt if Greece restructures its debt to the detriment of investors, Deutsche Bank AG said.

Recession Indicator Unreliable With Fed Rates: Cutting Research

The bond market indicator that has predicted every U.S. recession since 1970 may have lost its forecasting prowess, thanks to the Federal Reserve.

European Trading Volumes Rise Before Last Options Expiry

European trading volumes surged as investors prepared for the last options expiry of 2012 amid optimism that U.S. President Barack Obama and Republicans will agree on a budget.

European Stocks Gain as Fed Stimulus Plan Offsets Debt Repayment Concerns

European stocks rose to a six-month high this week as the Federal Reserve announced another round of bond purchases to boost the economy, offsetting renewed concern that some European countries won’t be able to repay their debts.

Stocks Decline, Euro Weakens as Greek Leaders Meet Over Debt; Copper Drops

U.S. and European stocks fell, driving the Dow Jones Industrial Average down from an almost four-year high, and the euro declined the most in three weeks as Greek leaders wrestled with spending cuts to get aid and avert a default. German bonds rose, and commodities dropped.

European Stocks Advance With Metals on Stimulus Outlook

European stocks rose for a second day and copper advanced on speculation central banks will take more steps to boost growth as reports signaled the economic slowdown is deepening. Spain’s bonds gained and emerging-market shares climbed the most in two weeks.

"Any data that indicates the European economy is improving is likely to encourage the market."

- Jim Reid on Feb 19, 2013

London

Greece

New York

China

Death Toll Passes 90 After Oklahoma Tornado Hits Suburb

European Stocks Fall From 2008 High as Carnival Slides

Asia Stocks Fall From Five-Year High as ICBC Declines

WTI Crude Trades Near Seven-Week High as Stockpiles Seen Falling

Yen Slips as Amari Backtracks While Europe Shares Decline